Table 8.
Summary statistics of technical efficiency (VRS&CRS) by year
| Year | Efficiency | Min. | Max. | Mean | Std. dev. |
|---|---|---|---|---|---|
| 2009 | VRS | 0.2990 | 1.0000 | 0.7337 | 0.1984 |
| CRS | 0.2473 | 1.0000 | 0.6470 | 0.1904 | |
| 2010 | VRS | 0.3256 | 1.0000 | 0.7416 | 0.1879 |
| CRS | 0.3144 | 1.0000 | 0.6292 | 0.1712 | |
| 2011 | VRS | 0.3409 | 1.0000 | 0.7673 | 0.1890 |
| CRS | 0.2652 | 1.0000 | 0.6731 | 0.1791 | |
| 2012 | VRS | 0.3587 | 1.0000 | 0.7568 | 0.1939 |
| CRS | 0.3319 | 1.0000 | 0.6828 | 0.1759 |
Bootstrapped. 1000 replications